Bank of America Dividends and Buybacks
Dividend criteria checks 5/6
Bank of America is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
2.9%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 9.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.040 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BAC.PRL's dividends per share have been stable in the past 10 years.
Growing Dividend: BAC.PRL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bank of America Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BAC.PRL) | 2.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (BAC.PRL) (up to 3 years) | 2.5% |
Notable Dividend: BAC.PRL's dividend (2.24%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: BAC.PRL's dividend (2.24%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.4%), BAC.PRL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BAC.PRL's dividends in 3 years are forecast to be well covered by earnings (33.3% payout ratio).